(27 SEPTEMBER 2018)GBP/USD:The downside prevails.

(27 SEPTEMBER 2018)GBP/USD:The downside prevails.

27 September 2018, 07:56
Jiming Huang
0
65

gbp

Pivot (invalidation): 1.3180

Our preference

Short positions below 1.3180 with targets at 1.3125 & 1.3100 in extension.

Alternative scenario

Above 1.3180 look for further upside with 1.3220 & 1.3255 as targets.

Comment

The RSI is capped by a declining trend line.

(By Swissquote TRADING CENTRAL) 

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